Labor Day Is Favorite For Car Thieves, Report Says

You may not be working this Labor Day weekend, but auto thieves are
putting special vigor in how they go about plying their trade while the
rest of us have our feet up, experts war.

Labor Day is among the
top five holidays of the year for stolen vehicles, according to data
from the National Insurance Crime Bureau as reported by Inilex, which
makes GPS-based stolen-car recovery systems. In 2011, for instance,
1,977 cars were reported stolen on Labor Day. That's one every 43
seconds.

Progressive Insurance found, based on analysis of its
claims data, that summer was a particularly busy time for auto thieves.
Nine of the 10 days in 2012 in which it received the highest reports of
car thefts occurred between July and September. One of those dates was
the morning after Labor Day.

The good news? Chances are getting
better all the time that your car can be recovered. Nationally, the
stolen car recovery rate is 46%, Progressive says.